LEC-Associate

JOB DESCRIPTION

Join the Global Finance & Business Management (GF&BM) India team, a key part of JPMorgan's global capability center, supporting the firm's finance functions. With over 3400 professionals across Mumbai, Bengaluru, and Hyderabad, our teams work in Controllers, Planning & Analysis, Finance Operations, and Business Client & Products. This role offers extensive learning and career growth opportunities within a diverse and inclusive workplace, specifically within the Corporate and Investment Bank Global Finance & Business Management Asia-Pacific Controllers in Bengaluru.

As an LEC-Associate within the Corporate and Investment Bank Global Finance & Business Management Asia-Pacific Controllers team, you will oversee the accounting and reporting of legal entity financial statements for both US Generally Accepted Accounting Principles and local Generally Accepted Accounting Principles. You will manage Foreign Exchange Risk through trade-out and Capital Hedging, ensure compliance with regulatory reporting, and support senior management with financial performance analysis. Additionally, you will implement internal controls, manage relationships with onshore partners, and promote strategic projects and initiatives. This role offers the opportunity to develop your skills in financial services and contribute to the firm's success.

Job Responsibilities

• Oversee accounting and reporting of legal entity financial statements for US GAAP and local GAAP.
• Review and own FX risk management through trade-out and capital hedging in accordance with FASB (FAS 52) requirements. Monitor general ledger controls, including attributions, inter-entity and investment equity breaks, IFRS reporting, budgeting, and forecasting, including GLRS.
• Prepare and review regulatory reporting to ensure compliance with various US Federal requirements. Prepare and review management information summary decks to support senior management decision-making by analyzing financial performance.
• Report and ensure compliance with critical regulators such as RBI, HKMA, MAS, APRA, and others.
• Prepare and review BASEL, risk reporting, and capital management documentation. Report and analyze periodic financial statements, including balance sheet, profit and loss, off-balance sheet, and volume/exposure reporting as required by local regulations.
• Adhere to control metrics, legal entity control standards, and other policies, including review of booking models. Monitor daily controls and processes to ensure accuracy and compliance.
• Maintain and develop relationships with onshore partners and business stakeholders. Implement internal control policies and procedures to mitigate financial and business risks.
• Migrate to strategic data sourcing platforms to enhance data integrity and efficiency. Evolve relationships with onshore teams and business units to foster collaboration.
• Review, drive, and implement strategic priorities, projects, and initiatives.
• Drive strategic conversations for ongoing projects, system implementations, and finance transformation initiatives. Lead a team to take complete ownership of deliverables and stakeholder management.
• Manage and prioritize multiple tasks across different time horizons to meet deadlines. Demonstrate strong teamwork and take on additional responsibilities with full ownership.

Required qualifications, capabilities, and skills

• Qualified Chartered Accountant or Equivalent Finance Degree or a subject of a technical nature
• Ability to develop team members
• Self-starter, able to prioritize key tasks & manage deliverables effectively
• Advanced skills in Excel and PowerPoint
• Inquisitive, enthusiastic, and diligent
• Strong verbal and written communication skills with the ability to articulate complex issues clearly
• Ability to create ad hoc reporting for senior management
• Proven track record for executing on special projects / assignments with often little lead time or information
• Highly motivated and able to thrive and think clearly under pressure and tight deadlines
• Team player with the ability to be respected as a trusted partner
• Highly motivated self-starter with excellent time management/prioritization skills
• Strong analytical and problem-solving skills with ability to analyze large data sets and present conclusions concisely

Preferred qualifications, capabilities, and skills

• Minimum 5 years of work experience, preferably in Financial Services, and/or accounting/controller background

Should be flexible with shifts but in general it will be an India login timing i.e. 9AM IST or earlier on certain days of the month depending on the critical functions being handled.

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.